The cited reason for the switch was the rising cost of bitcoin transactions. We hoped that a scaling solution would emerge, but that’s not the case, and while Bitcoin continues to gain in popularity, it’s no longer practical for a company like ours to accept it. 40, just to send Bitcoin for a bill. Bitcoin cash from a stock exchange or wallet providers to register bitcoin mining math problem example pools or buy.
You can also convert your existing BTC to BCH, but either way it’s just BCH! As a company we are mixed with this decision because Bitcoin is really great for miners right now. All of these high fees will be passed on to the blocks and eventually taken down into the pocket of each one. BTC and the highest was 11. With so much profit, we will continue to pay Bitcoin mines and all mining wins in Bitcoin.
However, we no longer accept Bitcoin for payments and all commissions are also paid in Bitcoin Cash. This is typically when ROI liabilities of online Ponzi schemes spiral out of control. Had the company been exclusively using revenue generated mining to pay ROIs on each of these contracts, there shouldn’t have been a problem. Unfortunately that didn’t go anywhere, and so now the company is once again trying to squeeze as much as it can out of every invested dollar by switching to a cheaper altcoin.
They started operations way back in 2014. They must be veterans at scamming. Does anyone know if they are still paying promptly? I also saw that they are listed as miners at blockchain.
They rebooted in 2016 by cancelling OG ROI contracts. They’ll come up on two years again this year but 2000 days gives them a lot of room to slowly steal from investors. Think of it as Ponzi fraud by two thousand cuts. We don’t really care what you have to say but you always talk about integrity and I’m letting you know you are lying and if it was on accident now you know.
2 years, there was never a reboot or anything like that, you just don’t understand what happened and that’s ok. Just remember this when you are calling us a scam 3 years from now. By the way you can track all of the btc and eth that has been mined. We don’t even need any new people to join. So why didn’t they just register their legitimate mining opportunity with the SEC and continue to operate in the US?
Crypto mining investment is not illegal in the US. Please provide evidence of this and the use of mining profit to pay affiliates. And sadly that’s all it comes down to. As long as you’re able to steal money from people who join after you, you couldn’t care less. At least be honest about your thievery.
One of the Germans living in Dubai that takes millions in Bitclub network. No worries for him how and where most of his money comes from. BTW this is one of the BCN mining wallets, if you did even a little research you would know that. Contracts were never canceled the way you are saying. Unless you can prove revenue generated via mining is being used to pay BCN affiliates, a link to some random wallet means what? Smoke and mirrors mining accounts !
Stated reason was to save money, ie. We’re not getting enough new money in to continue paying a ROI on these contracts and need more breathing room. So stop shilling for Ponzi schemes. Wittke has a miserable reputation in Germany.